Which of the Following Is True About Globalization's Effect on Culture

question 93

Multiple Choice

Which of the following is true about globalization's effect on culture?

• A) It segregates people on the basis of race and ethnicity.
• B) It decreases diversity within a society by blocking the free flow of cultural ideas.
• C) It liberates people culturally by undermining the ideological conformity of nationalism.
• D) It decreases the choices available to local people by making their countries culturally poor.

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Definitions:

Paid-In Capital

The total amount of money or other value that shareholders have contributed to a company in exchange for shares of stock, indicating the funds raised from equity rather than from ongoing operations.

Par Value

The face value of a bond or the nominal value of a stock, as stated by the issuing company in its charter.

Common Stock

Represents equity ownership in a corporation, giving shareholders voting rights and a claim on a portion of the company's profits through dividends.

Treasury Shares

Shares that were issued and then repurchased by the issuer, reducing the quantity of outstanding stock.